Can I retire at age 40 with 382,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $382,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$31,545$31,264$30,990$30,722$30,461$29,653
2 years$15,616$15,326$15,044$14,770$14,505$13,696
3 years$10,308$10,015$9,734$9,464$9,203$8,419
4 years$7,654$7,362$7,084$6,818$6,564$5,810
5 years$6,062$5,772$5,498$5,237$4,989$4,269
6 years$5,001$4,713$4,443$4,188$3,948$3,262
7 years$4,243$3,958$3,692$3,443$3,211$2,558
8 years$3,675$3,393$3,131$2,888$2,664$2,044
9 years$3,234$2,954$2,697$2,460$2,243$1,657
10 years$2,881$2,604$2,351$2,121$1,911$1,357
11 years$2,592$2,318$2,070$1,846$1,644$1,121
12 years$2,352$2,081$1,837$1,619$1,424$932
13 years$2,149$1,880$1,641$1,429$1,242$779
14 years$1,975$1,709$1,475$1,269$1,089$654
15 years$1,824$1,561$1,331$1,131$959$551
16 years$1,692$1,433$1,207$1,013$847$465
17 years$1,576$1,319$1,098$910$751$394
18 years$1,473$1,219$1,003$820$668$335
19 years$1,381$1,130$918$741$595$284
20 years$1,298$1,050$842$671$532$242
21 years$1,223$978$775$609$476$206
22 years$1,156$913$714$554$427$176
23 years$1,094$854$659$505$383$150
24 years$1,037$800$610$460$344$129
25 years$985$751$565$420$310$110
26 years$937$706$524$384$279$94
27 years$893$664$486$352$252$81
28 years$851$626$452$322$227$69
29 years$813$590$421$296$205$59
30 years$778$557$392$271$185$51
31 years$744$527$365$249$167$43
32 years$713$499$341$229$151$37
33 years$684$472$318$210$137$32
34 years$657$448$297$194$124$27
35 years$631$424$278$178$112$23
36 years$607$403$260$164$102$20
37 years$584$383$244$151$92$17
38 years$562$364$228$139$84$15
39 years$542$346$214$129$76$13
40 years$522$329$200$119$69$11
41 years$504$313$188$109$62$9
42 years$486$298$176$101$57$8
43 years$470$284$165$93$51$7
44 years$454$271$155$86$47$6
45 years$439$258$146$79$42$5
46 years$424$246$137$73$38$4
47 years$411$235$129$68$35$4
48 years$398$224$121$63$32$3
49 years$385$214$114$58$29$3
50 years$373$205$107$54$26$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $382,000, adding $5,541 every year, while hoping to spend $21,578 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 63/7/30 Blend
39$382,000$382,000$382,000$382,000
40$426,680$406,434$400,513$449,806
41$447,242$403,390$390,971$463,129
42$469,179$399,474$380,386$474,845
43$492,607$394,620$368,701$487,189
44$517,655$388,759$355,855$500,226
45$544,465$381,817$341,785$514,028
46$573,190$373,716$326,425$528,677
47$604,001$364,374$309,706$544,264
48$637,084$353,703$291,555$560,889
49$672,642$341,610$271,898$578,663
50$710,901$327,998$250,656$597,710
51$752,106$312,763$227,746$618,170
52$796,527$295,795$203,082$640,193
53$844,463$276,978$176,575$663,952
54$896,238$256,191$148,131$689,633
55$952,212$233,302$117,651$717,447
56$1,012,780$208,175$85,034$747,626
57$1,078,373$180,666$50,172$780,425
58$1,149,469$150,620$12,955$816,131
59$1,226,592$117,878$0$855,060
60$1,310,317$82,266$0$906,127
61$1,401,279$43,607$0$966,136
62$1,500,174$1,708$0$1,031,406
63$1,607,769$0$0$1,102,453
64$1,724,907$0$0$1,183,209
65$1,852,519$0$0$1,271,353
66$1,991,624$0$0$1,367,463
67$2,143,347$0$0$1,472,319
68$2,308,927$0$0$1,586,779
69$2,489,725$0$0$1,711,788
70$2,687,241$0$0$1,848,389
71$2,903,125$0$0$1,997,725
72$3,139,196$0$0$2,161,059
73$3,397,455$0$0$2,339,780
74$3,680,105$0$0$2,535,416
75$3,989,573$0$0$2,749,652
76$4,328,531$0$0$2,984,342
77$4,699,921$0$0$3,241,529
78$5,106,985$0$0$3,523,461
79$5,553,290$0$0$3,832,617
80$6,042,768$0$0$4,171,723
81$6,579,749$0$0$4,543,786
82$7,169,001$0$0$4,952,116
83$7,815,778$0$0$5,400,359
84$8,525,866$0$0$5,892,531
85$9,305,638$0$0$6,433,057
86$10,162,117$0$0$7,026,810
87$11,103,036$0$0$7,679,160
88$12,136,916$0$0$8,396,021
89$13,273,146$0$0$9,183,910
90$14,522,067$0$0$10,050,006
91$15,895,072$0$0$11,002,218
92$17,404,714$0$0$12,049,259
93$19,064,822$0$0$13,200,730
94$20,890,633$0$0$14,467,209
95$22,898,935$0$0$15,860,348
96$25,108,223$0$0$17,392,988
97$27,538,877$0$0$19,079,277
98$30,213,351$0$0$20,934,801
99$33,156,384$0$0$22,976,736
100$36,395,237$0$0$25,224,006